Keep it alive with us! Regards, Michael

Daytrading/scalping with high leverage - my proven strategy

Hello Ken, Congratulations then! And wish you more green pips! I must say here my 2 cents about "no drawdown" trades. We all probly agree with that they are best trades we can take. BUT they are also sign on big momentum For me no-drowdawn ...

Daytrading/scalping with high leverage - my proven strategy

AUDUSD trade -> +17.8 pips image AUD strenght and USD weakness on the evening, and here we are Price bounced from H4 centerline I wanted to wait for the TMA M15, but it was a bigger move and babon slope changed to red, so i closed. I think it ...

Daytrading/scalping with high leverage - my proven strategy

Hello Ken, Congratulations on your trades I see you understand Babon better and better every day Are these trades are your real trades ? Or you try it on demo right now ? Regards, Michael

Daytrading/scalping with high leverage - my proven strategy

Glad to hear that Welcome to Babon trader's community Regards, Michael

Daytrading/scalping with high leverage - my proven strategy

Hello mikebrisbane, Try this one And for every people who has a problems with indicators - please note that it must be an .ex4 file Regards, Michael

Daytrading/scalping with high leverage - my proven strategy

And here is my very old version of "Simplified Babon Summary" I used it long time, after i read and understood all the rules from Babon It contains my words and my old understanding of Babon, so do not use it, especially if you do not read the ...

Daytrading/scalping with high leverage - my proven strategy

Yes it is correct I do not like "trade under worse conditions". It is better for me to trade for example Babon slope color change, after a bounce. It usually gives us a lower drawdown and better price It is not about hitting SL but rather ...

Daytrading/scalping with high leverage - my proven strategy

And here i have to apologize for my mistake. It seems that i missed a 1-2-3 reversal that showed up before a Lance Begg's method Too much forex for today, if i missed so important reversal However still Lance Begg's method ...

Daytrading/scalping with high leverage - my proven strategy

Example of Hunter trade image To strictly follow Hunter rules - the moment of trend's change and confirmations is the green circle (as the price went below the previous red extremum leaded to the higher high). BUT you have a TMA M1 beyond ...

Daytrading/scalping with high leverage - my proven strategy

Sure, mastering in Babon should be the first step before Hunter, as the Hunter is using some implementations from Babon, example TMA M1 using. Please post it Regards, Michael

Daytrading/scalping with high leverage - my proven strategy

I must say i took the same trade as you did here image But a little longer holded. It it because i see a harmonic pattern on GBPUSD Regards, Michael

Daytrading/scalping with high leverage - my proven strategy

Hello Ken, PA is a little problematic case because of piece of subjectivity. Look what i see on this chart image Let's say, the 2nd is the higher high. Then if we count from this, the 3rd would be higher low - everything is correct. BUT, the 4th ...

Daytrading/scalping with high leverage - my proven strategy

Well said! David, please note that Hunter has two entries, using TMA M1 I think they are a little better than in Babon (more precise), but of corse I'm trading both ones - Hunter and Babon patterns. About example on screenshot - it was edited ...

Daytrading/scalping with high leverage - my proven strategy

Please forgive me David my meticulousness I have just a bad bad experience in trading out of correct PA on M1 what leaded to a lot of losses on the begin of my journey. And now i'm strictly follow this rule in my anslysis And also, it gives us ...

Daytrading/scalping with high leverage - my proven strategy

Hello Ken, And that's the point It is hard to trade TMA M1 beyond cloud when we haven't a HH,HL/LH,LL. BUT there are some examples of trades when this situation is possible. I mean TMA M1 beyond ichimoku cloud formed without correct PA. I do not ...

Daytrading/scalping with high leverage - my proven strategy

Hello David! Congratulations on your trade! I must add my little 2 cents here, i see on YOUR M1 chart a Lower High and Lower Low By the way, how works the red arrow on your chart ? Regards, Michael

Daytrading/scalping with high leverage - my proven strategy

Hello Ken, If you have an opened position, and you think that it will go much higher after double breakout, then yes, if you wish, you can stay longer, especially when you're already in profit or SL is moved to breakeven point As I said, this ...

Daytrading/scalping with high leverage - my proven strategy

Hello Ken, At first, yes - it is mentioned that it can be any of PA pattern to entry. BUT it wasn't mentioned that HH,HL or LH,LL is not required. It should be always part of your m1 analysis. Yes and no at the same time Look at the TMA true, ...

Daytrading/scalping with high leverage - my proven strategy

Hello Ken, I think you, and a lot of Babon traders make a little mistake - failed to understand the Key Babon point. Even thought Babon has some indicators and patterns - it is pure price action system. Indicators are just to make a PA more visible. ...

Daytrading/scalping with high leverage - my proven strategy